TEHRAN, July 02 - Iran’s economic growth jumped respectively by 3.7 and 4.3 percent including oil sales and excluding oil sales over the last Iranian calendar year (March 22, 2017 – March 21, 2018).
TEHRAN, July 02 - Oil prices fell by more than 1 percent on Monday as supplies from top exporter Saudi Arabia rose and as signs of an economic slowdown in Asia dented the outlook for demand.
TEHRAN, July 01 - Iran's first vice president says the country is considering oil exports by the private sector in a bid to thwart forthcoming US sanctions, which mostly aim to curtail the Islamic Republic's revenues by blocking its crude oil exports.
TEHRAN, July 01 - The leader of Saudi Arabia promised President Donald Trump that he can boost oil production if needed and the country has 2 million barrels per day of spare capacity available, the White House said on Saturday.
TEHRAN, June 29 -Crude oil prices lost some ground in early Thursday trading after weaker-than-expected U.S. economic data offset looming supply-side pressures.
TEHRAN, June 27 - Oil prices increased on Wednesday morning after the US demanded others to reduce import from Iran, a Western news agency reported on Wednesday.
TEHRAN, June 27 -Natural gas is on pace to eat away at the edge for oil as a primary energy source and most sector leaders expect to spend money there, an industry poll found.
TEHRAN, June 27 -The United States could ask Russia to boost oil production to avoid a global crude shortage with Washington about to reinstate economic sanctions against Tehran, CNBC reports.
TEHRAN, June 27 - Concerns about global trade tensions were balanced against national security concerns for OPEC-member Libya to lift crude oil prices higher early Tuesday.
TEHRAN, June 26 - Japan is seeking an "early" exemption from the US on sanctions against Iran to facilitate oil shipping arrangements, a Japanese government source has said.
TEHRAN, June 26 -Oil prices edged up on Tuesday on uncertainty over Libyan oil exports, but gains were dampened by an expected increase in supply from producer cartel OPEC and by an intensifying trade conflict between the United States and other major economies.
TEHRAN, June 25 - The Indian government is reportedly moving closer to a scheme to make some oil payments to Iran in rupees in a bid meant to avoid US economic sanctions.
TEHRAN, June 25 -Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.
TEHRAN, June 24 - Following its policies against Iran, US has asked Tokyo to halt all crude purchases from Iran, insisting that its allies cease all trade with the country.
TEHRAN, June 22 -The Organization of the Petroleum Exporting Countries (OPEC) has agreed to increase oil production by around one million barrels per day (bpd), or 1 percent of global supply, from next month, the oil minister of the body's kingpin Saudi Arabia says.
TEHRAN, June 22 - The OPEC oil countries agreed Friday to increase their combined production by almost 1 million barrels a day, though questions remain over some members' ability to do so amid domestic trouble and sanctions.
TEHRAN, June 22 - Iranian Minister of Petroleum Bijan Zangeneh and Saudi counterpart Khalid al-Falih have held talks in Vienna just before the OPEC group met to decide on policy, the Shana news service reported.